According to PANews, the cryptocurrency market experienced a notable downturn as investor sentiment was rattled by rumors of U.S. military involvement and escalating tensions in the Middle East.
Data from SoSoValue reveals that the AI sector took the hardest hit, recording a 5.32% decline in the last 24 hours. Leading the drop were RENDER and VIRTUAL, falling by 6.01% and 7.66% respectively.
Major cryptocurrencies also faced pressure. Bitcoin ($BTC ) slid by 2.26%, dipping below the $105,000 mark, while Ethereum ($ETH
) dropped 2.49%, trading near $2,500.
Several sectors followed the bearish trend, including:
DeFi, down 4.20%
Layer2, losing 4.39%
NFTs, dropping 4.84%
However, not all assets suffered. Bitcoin Cash ($BCH
) stood out with a 5.32% gain, while TON managed a slight uptick, showcasing resilience amid broader market weakness.